Ajax Engineering Limited
₹14,467(23 Shares)
Minimum Investment
IPO Dates
Feb 10, 2025 – Feb 12, 2025
Price Band
₹599–629 per equity share
Lot Size
23
Listing
Feb 17, 2025
Listing At
BSE, NSE
Ajax Engineering Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
6.44x
Ajax Engineering Limited IPO Issue Details
- Issue Price
- ₹599-629 Per Equity Share
- Face Value
- ₹1 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Feb 17, 2025
- Registrar
- Link Intime India Private Ltd
Market Lot Details
Reservation Details
Shares Offered
30,15,225
Shares Offered
40,20,300
Shares Offered
60,30,449
Company Information
Established in July 1992, Ajax Engineering Limited designs and manufactures concrete equipment and provides services in the value chain. The company has developed 110 variants of concrete equipment fo...
Valuations
EPS (Pre-IPO)
19.68
EPS (Post-IPO)
17.66
P/E (Pre-IPO)
31.96
P/E (Post-IPO)
35.62
RoNW
19.39%
PAT Margin
12.65%
P/B Value
7.84
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1The Company will not receive any proceeds of the Offer. Each of the Selling Shareholders will be entitled to the respective proportion of proceeds of the Offer for Sale after deducting its portion of the Offer-related expenses and the relevant taxes thereon.
Ajax Engineering Limited – Promoter(s)
Contact Details
Corporate Office
253/1, 11th Main Road, 3 rd Phase, Peenya Industrial Area, Bengaluru 560058
Ajax Engineering Limited Allotment & Registrar Details
Check AllotmentLink Intime India Private Ltd
Ajax Engineering Limited IPO Documents
Frequently Asked Questions — Ajax Engineering Limited IPO
The Ajax Engineering Limited IPO price band is set at ₹599.00 to ₹629.00 per equity share.
The lot size for Ajax Engineering Limited IPO is 23 shares per lot. The minimum investment amount is approximately ₹14,467.
The Ajax Engineering Limited IPO opens on Feb 10, 2025 and closes on Feb 12, 2025.
Ajax Engineering Limited IPO is expected to be listed on Feb 17, 2025 on BSE, NSE.
The current GMP for Ajax Engineering Limited IPO is ₹1, suggesting an expected listing price of around ₹600.00. Note: GMP is an unofficial market indicator.
The registrar for Ajax Engineering Limited IPO is Link Intime India Private Ltd. You can contact them at ajaxengineering.ipo@linkintime.co.in.
